» Archive for: January, 2014


Professor Deepak Nayyar  gave a Master class on Macro-economics and Human Development for 47 participants from EDEM staff, PhD researchers and MA students.






















































SusanThis article contributes to the debate on commodity price transmission and offers an alternative perspective of price formation, transmission and the producer price experience in low-income countries. By investigating the case study of coffee chains, originating in Tanzania the paper demonstrates how the joint forces of global financialisation and domestic liberalisation in producing countries have acted to reorganize coffee chains into structures in which certain chain actors have become increasingly vulnerable to violent price swings while others have managed to remain relatively cushioned from such movements.

Download the working paper here

Susan Newman is a senior lecturer at the International Institute of Social Studies, Erasmus University of Rotterdam. Her main research interests include the political economy of post-apartheid industrial development in South Africa, the relationship between financial and physical markets for commodities, and the relationship between finance and the restructuring of production. She holds a visiting position at the University of the Witwatersrand and has contributed to industrial policy research for the South African Department of Trade and Industry and the Gauteng Department of Economic Development.

DeepakProfessor Deepak Nayyar  will give a Master class on Macro-economics and Human Development.

Deepak Nayyar is Emeritus Professor of Economics at Jawaharlal Nehru University, New Delhi.  He was Distinguished University Professor of Economics at the New School for Social Research, New York, from 2008 to 2012. And he was Professor of Economics at Jawaharlal Nehru University, New Delhi, from 1986 to 2011. Earlier he has taught economics at the University of Oxford, the University of Sussex, and the Indian Institute of Management, Calcutta. He was Vice-Chancellor of the University of Delhi from 2000 to 2005.

From: 28 January  2014 10:30

Till: 28 January  2014 12:00

Room: Aula A

More information on professor Nayyar can be found on his website.

rolphvdhoevenProfessor Rolph van der Hoeven gave a public lecture at the Development Studies Association conference in Birmingham. Rolph van der Hoeven focused primarily on the functional inequality of income distribution between labour and capital, i.e. the share of GDP received by workers and capital owners. Against the background of globalization and financialization, wage shares in national income have declined in both developing and developed countries (including all OECD members) in recent decades while the share of top incomes has increased, causing greater inequality between different social groups. Functional inequality is at the basis of household income and determines how much money households have to spend on consumption Wage inequality has also increased due to a growing income gap between skilled and unskilled labourers. Both skill-biased technological change and financialization have additionally increased wealth inequality and  unequal access to human capital development. Van der Hoeven appeal to politicians to use the power of macroeconomic policies to reduce inequality. He suggested a number of political solutions including countercyclical monetary and fiscal policy, stricter financial and bank regulation, progressive tax systems and strengthening social institutions like labour unions. These kinds of policies have led to a notable decline in inequality in Latin America. In light of this, Van der Hoeven called for an inequality goal based on the Palma index of inequality to be included in the post-2015.

For more information from The Broker’s panel at the recent Development Studies Association conference in Birmingham, see here

Rolph van der Hoeven is  Professor of Employment and Development Economics at the International Institute of Social Studies of Erasmus University Rotterdam

International Institute of Social Studies

Economics of Development (ECD) is a Major in the MA in Development Studies. This blog provides a platform for discussion for researchers, students and others interested in this field of studies. The blog is administered by the ECD teaching team.